India and Singapore relations
Singapore is a close friend and valued regional partner for India. Our relations are broad-based and multi-faceted. They are underpinned by a confluence of interests spanning political, economic, cultural, defence and security issues. Apart from regular high-level exchanges of visits and an architecture of productive dialogue mechanisms, our friendship is nourished by a vibrant people-to-people relationship.
Singapore is not only our foremost trading partner in ASEAN, but also a major source of FDI inflows into India. India welcomed additional Singapore investment into India, particularly in the infrastructure sector, where Singapore has great expertise. We agreed to expedite the conclusion of the ongoing second Review of the Comprehensive Economic Cooperation Agreement that would further facilitate trade in goods and services and investment.
In this context, India assured Prime Minister Lee of India’s commitment to reinforce its status as an investment-friendly country and expressed hope that Singapore companies would look at India as a valued investment destination in the current scenario.
We discussed cooperation in functional areas, including education and skills development. Singapore is a world leader and has developed excellent institutions in this area. The Memorandum of Understanding on Cooperation in Vocational Education and Skills Development which we signed today would provide the framework for cooperation in this field. A specific cooperative project on skills training in Delhi is also getting underway.
Prime Minister Lee and I have decided to step up bilateral cooperation and exchanges in the fields of defence and security. To this end, we have just signed a Memorandum of Understanding to renew the bilateral arrangement between our Air Forces on joint training and exercises.
Singapore and India share values of democracy, pluralism and secularism and this gives both our countries convergent perspectives on many regional and international developments. We also work closely together in a number of regional mechanisms, such as the East Asia Summit, ASEAN and the ASEAN Regional Forum. We share similar views on building an open and inclusive architecture of regional cooperation in Asia, which enhances trust and confidence. We discussed the global economic situation and agreed on the need for more concerted international action.
-Indian PM address on State Visit of Singapore PM
Singapore is not only our foremost trading partner in ASEAN, but also a major source of FDI inflows into India. India welcomed additional Singapore investment into India, particularly in the infrastructure sector, where Singapore has great expertise. We agreed to expedite the conclusion of the ongoing second Review of the Comprehensive Economic Cooperation Agreement that would further facilitate trade in goods and services and investment.
In this context, India assured Prime Minister Lee of India’s commitment to reinforce its status as an investment-friendly country and expressed hope that Singapore companies would look at India as a valued investment destination in the current scenario.
We discussed cooperation in functional areas, including education and skills development. Singapore is a world leader and has developed excellent institutions in this area. The Memorandum of Understanding on Cooperation in Vocational Education and Skills Development which we signed today would provide the framework for cooperation in this field. A specific cooperative project on skills training in Delhi is also getting underway.
Prime Minister Lee and I have decided to step up bilateral cooperation and exchanges in the fields of defence and security. To this end, we have just signed a Memorandum of Understanding to renew the bilateral arrangement between our Air Forces on joint training and exercises.
Singapore and India share values of democracy, pluralism and secularism and this gives both our countries convergent perspectives on many regional and international developments. We also work closely together in a number of regional mechanisms, such as the East Asia Summit, ASEAN and the ASEAN Regional Forum. We share similar views on building an open and inclusive architecture of regional cooperation in Asia, which enhances trust and confidence. We discussed the global economic situation and agreed on the need for more concerted international action.
-Indian PM address on State Visit of Singapore PM
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